Franklin Grand Isle Workforce Investment Board Inc
EIN: 43391815 · St Albans City, VT · NTEE: A50Z
| Metric | Value |
|---|---|
| Total Expenses | $14K |
| Net Assets | $25K |
Is Franklin Grand Isle Workforce Investment Board Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Franklin Grand Isle Workforce Investment Board Inc
Franklin Grand Isle Workforce Investment Board Inc (EIN: 43391815) is a nonprofit organization based in St Albans City, VT, classified under NTEE code A50Z. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Franklin Grand Isle Workforce Investment Board Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Franklin Grand Isle Workforce Investment Board Inc is a micro nonprofit that has been operating for 28 years, with 9 years of IRS 990 filings on record (2011–2019). Revenue has grown at a compound annual rate of -19.3%.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
| Total Revenue | $25K |
| Total Expenses | $14K |
| Surplus / Deficit | +$11K |
| Total Assets | $25K |
| Net Assets | $25K |
| Operating Margin | 43.3% |
| Months of Reserves | 21.1 months |
Financial Health Grade: A
In 2019, Franklin Grand Isle Workforce Investment Board Inc reported a surplus of $11K with revenue exceeding expenses, holds 21.1 months of operating reserves (strong position).
Financial Trends
Over 9 years of filings (2011–2019), Franklin Grand Isle Workforce Investment Board Inc's revenue has declined at a compound annual growth rate (CAGR) of -19.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2019 | -67.9% | -80.7% | +42.2% |
| 2018 | +27.7% | -32.4% | +35.3% |
| 2017 | -21.9% | -23.5% | -78.3% |
| 2016 | -28.2% | -14.5% | -49.9% |
| 2015 | +68.9% | +83.3% | -32.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1998 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Franklin Grand Isle Workforce Investment Board Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Franklin Grand Isle Workforce Investment Board Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $11K, with revenue exceeding expenses.
Frequently Asked Questions about Franklin Grand Isle Workforce Investment Board Inc
Is Franklin Grand Isle Workforce Investment Board Inc a legitimate charity?
Franklin Grand Isle Workforce Investment Board Inc (EIN: 43391815) is a registered tax-exempt nonprofit based in Vermont. It has 9 years of IRS 990 filings on record. No red flags identified. Financial health grade: A.
How does Franklin Grand Isle Workforce Investment Board Inc spend its money?
Franklin Grand Isle Workforce Investment Board Inc reported its financials in IRS 990 filings. 9 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Franklin Grand Isle Workforce Investment Board Inc tax-deductible?
Franklin Grand Isle Workforce Investment Board Inc is registered as a tax-exempt nonprofit (EIN: 43391815). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Franklin Grand Isle Workforce Investment Board Inc located?
Franklin Grand Isle Workforce Investment Board Inc is headquartered in St Albans City, Vermont and files with the IRS under EIN 43391815. It is classified under NTEE code A50Z.
How many years of IRS 990 filings does Franklin Grand Isle Workforce Investment Board Inc have?
Franklin Grand Isle Workforce Investment Board Inc has 9 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Filing History
IRS 990 filing history for Franklin Grand Isle Workforce Investment Board Inc showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2011–2019), Franklin Grand Isle Workforce Investment Board Inc's revenue has declined by 81.9%, moving from $140K to $25K. Total assets decreased by 86.3% over the same period, from $184K to $25K. Total functional expenses fell by 83.8%, from $88K to $14K. In its most recent filing year (2019), Franklin Grand Isle Workforce Investment Board Inc reported a surplus of $11K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2019 | $25K | $14K | $25K | $0 | — | View 990 |
| 2018 | $79K | $74K | $18K | $4K | — | View 990 |
| 2017 | $62K | $109K | $13K | $5K | — | — |
| 2016 | $79K | $143K | $60K | $4K | — | View 990 |
| 2015 | $110K | $167K | $120K | $0 | — | View 990 |
| 2014 | $65K | $91K | $179K | $1K | — | View 990 |
| 2013 | $93K | $86K | $204K | $94 | — | View 990 |
| 2012 | $114K | $99K | $198K | $233 | — | View 990 |
| 2011 | $140K | $88K | $184K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2019: Revenue of $25K, expenses of $14K, and assets of $25K (revenue -67.9% year-over-year).
- 2018: Revenue of $79K, expenses of $74K, and assets of $18K (revenue +27.7% year-over-year).
- 2017: Revenue of $62K, expenses of $109K, and assets of $13K (revenue -21.9% year-over-year).
- 2016: Revenue of $79K, expenses of $143K, and assets of $60K (revenue -28.2% year-over-year).
- 2015: Revenue of $110K, expenses of $167K, and assets of $120K (revenue +68.9% year-over-year).
- 2014: Revenue of $65K, expenses of $91K, and assets of $179K (revenue -30.1% year-over-year).
- 2013: Revenue of $93K, expenses of $86K, and assets of $204K (revenue -18.4% year-over-year).
- 2012: Revenue of $114K, expenses of $99K, and assets of $198K (revenue -18.5% year-over-year).
- 2011: Revenue of $140K, expenses of $88K, and assets of $184K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Franklin Grand Isle Workforce Investment Board Inc:
Data Sources and Methodology
This transparency report for Franklin Grand Isle Workforce Investment Board Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.